Property profile

24215 State Hwy 49 Lawton, OK 73507

OFF-MARKET
Commercial land
Property ID
US69-1059495
1,566 SF 0.65 ac lot
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.65-acre industrial land parcel is strategically located at 24215 State Highway 49 in Lawton, Oklahoma, within Comanche County, zip code 73507. Priced at $99,000, this property offers a compelling land value of $3.50 per square foot. Its prime location provides excellent visibility and accessibility, situated directly off Highway 49. The surrounding area boasts a thriving commercial landscape, with established businesses including Love's Gas Station, Sonic Drive-in, Burger King, Dollar General, and Liberty National Bank, ensuring high traffic and consumer presence. Furthermore, its proximity to Medicine Park and the Wichita Mountains adds to its appeal and potential for development. This raw land presents a unique opportunity for commercial development, capitalizing on its high-traffic location and the presence of numerous established businesses. The property's size and location make it ideal for a variety of commercial ventures, offering significant potential for return on investment. Don't miss this chance to acquire a highly desirable industrial land parcel in a rapidly growing area. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 1,566 SF
Lot 0.65 ac (28,314 SF)
APN 46275
UPID US69-1059495

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24215 State Hwy 49 Lawton, OK 73507
Lawton metro Census 2201 LAWTON, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2021
$51,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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